Tariffs could alter packaging mix, Coca-Cola says
- President Donald Trump announced 25% tariffs on aluminum and steel imports, effective March 12, which may raise costs for U.S. Can manufacturers and consumers.
- Coca-Cola CEO James Quincey stated that the company might adjust its packaging mix, possibly using more PET bottles due to rising aluminum costs.
- Coca-Cola reported strong fourth-quarter performance, with increased earnings driven by price hikes on its beverages, including Coca-Cola Zero Sugar.
- Coca-Cola plans to adjust its packaging strategy to manage costs while continuing to pursue its recycling goals, aiming for 30-35% recycled plastic usage by 2035.
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Total News Sources12
Leaning Left1Leaning Right2Center3Last UpdatedBias Distribution50% Center
Bias Distribution
- 50% of the sources are Center
50% Center
L 17%
C 50%
R 33%
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